Eramet reaches agreement to continue SLN’s New Caledonia operations
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its subsidiary SLN’s mining operations in New Caledonia’s Northern Province.
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Glencore to sell stake in troubled New Caledonia nickel operation
Glencore said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS business it co-owns in New Caledonia, as a sharp drop in the metal’s prices continues to hit the industry.
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France extends New Caledonia nickel rescue talks
France will continue talks until the end of February to save New Caledonia’s nickel industry, the finance ministry said on Monday, after failing to reach a deal last month to fill a massive funding shortfall for the territory’s nickel processors.
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Caledonia explores funding options to build Zimbabwe’s biggest gold mine
Mining News Pro - Caledonia Mining Corp is exploring options to raise $250 million needed to develop its Bilboes project into what could be Zimbabwe’s biggest gold mine.
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Visit: 185
Caledonia Mining to buy one of Zimbabwe’s largest gold projects
Mining News Pro - Caledonia Mining Corporation (LON: CMCL) is set to be the new owner of one of Zimbabwe’s biggest gold mining projects after agreeing to acquire Bilboes Gold Limited, owner of the namesake gold project, in a $53 million shares deal, plus a royalty on revenues.
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New Caledonia's Prony to supply nickel to Tesla in multi-year deal
Mining News Pro - Prony Resources said on Wednesday Tesla had agreed to purchase around 42 000 t of nickel in a multi-year deal - a pact that is set to make the New Caledonian miner a key supplier of the metal to the US electric car maker.
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Caledonia’s lower quarterly production offset by higher gold price
Mining News Pro - Caledonia Mining recorded gross revenues of $25.7-million for the quarter ended March 31, with higher revenues year-on-year reflecting a higher realised gold price, offset by lower sales as a result of lower production.
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Visit: 654
Top nickel miner Vale turns page on 14-year New Caledonia foray
Mining News Pro - Vale, the biggest producer of mined nickel, closed a deal to divest its underperforming New Caledonian mine to a group that includes the operation’s managers and workers.
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New Caledonia agrees to Vale nickel mine sale, Tesla to be partner
Mining News Pro - Political leaders in New Caledonia have agreed new terms for the sale of Vale’s nickel business, including a majority stakeholding for local interests, seeking to resolve unrest over the planned sale.
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Tesla gets involved in New Caledonia mine to secure nickel supply
Mining News Pro - Electric cars maker Tesla will become a technical adviser at the conflict-ridden New Caledonia nickel mine, as part of the company’s attempt to secure enough supply of the key battery metal, which CEO Elon Musk has singled out as the his biggest concern.
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Caledonia lifts 2021 gold production guidance after record 2020 output
Mining News Pro - Caledonia Mining Corporation produced a record 57 899 oz of gold in 2020, meeting the top end of its revised increased guidance for the year.
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Visit: 617
Caledonia ups dividend to $0.11 apiece
Mining News Pro - Caledonia Mining Corporation has declared a higher quarterly dividend of $0.11 apiece.
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Caledonia secures an option over another gold prospect in the Zimbabwe Midlands
Mining News Pro - American-listed Caledonia Mining Corporation announces that, in addition to having entered into an option agreement over the Glen Hume project, in Zimbabwe, earlier this months, it has entered into another option agreement in respect of an additional area in Zimbabwe.
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Caledonia said to be eyeing one of Zimbabwe’s largest gold mines
Mining News Pro - Caledonia Mining is interested in buying one of Zimbabwe’s largest gold operations as it embarks on an aggressive plan to acquire more assets in the country, according to a person familiar with the details.
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Visit: 611
Caledonia mulls listing on new Zimbabwe stock exchange
Mining News Pro - Caledonia Mining Corp is considering listing on Zimbabwe’s new stock exchange, ten days before trading on the bourse is scheduled to start.
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Visit: 655
Caledonia raises guidance after consecutive output improvements
Mining News Pro - After successfully increasing gold output both throughout the quarter and nine months ended September 30, Aim- and NYSE-listed Caledonia Mining has increased its guidance for the full-year to between 55 000 oz and 58 000 oz.
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Visit: 561
Caledonia to evaluate Zim govt`s minerals portfolio for development potential
Mining News Pro - Caledonia Mining will evaluate mining rights, properties and projects in the gold sector that are controlled by the Zimbabwe government with a view to assessing the potential to advance the development of these properties or projects.
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Visit: 495
Vale to shut New Caledonia mine as buyer walks away
Mining News Pro - Vale is preparing to potentially shut down its nickel and cobalt operations on the Pacific island of New Caledonia after failing to reach an agreement on the asset’s sale with Australia’s New Century Resources (ASX: NCZ).
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Caledonia to build solar plant at Zimbabwe gold mine
Mining News Pro - Caledonia Mining has announced that it is planning to install a solar power plant at its Blanket gold mine in Zimbabwe.
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Visit: 755
New Century progresses New Caledonia acquisition from Vale
Mining News Pro - New Century Resources is optimistic about becoming a supplier of nickel and cobalt for electronic vehicles if it successfully acquires the Goro mine in New Caledonia from Vale.
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Caledonia may sell shares to invest in solar power for its Blanket mine
Mining News Pro - Caledonia Mining Corporation has entered into an at-the-market (ATM) sales agreement with US financial services firm Cantor Fitzgerald & Co (Cantor).
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Visit: 669
Vale mulling offers for New Caledonia nickel assets
Mining News Pro - Vale, the world’s top producer of nickel and iron ore, has received non-binding offers for its operations on the Pacific island of New Caledonia, it said in a conference call on Wednesday.
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Vale mulling offers for New Caledonia nickel assets
Mining News Pro - Vale, the world’s top producer of nickel and iron ore, has received non-binding offers for its operations on the Pacific island of New Caledonia, it said in a conference call on Wednesday.
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Vale sees $1.6 billion impairment charge for Q4 in New Caledonia write down
Mining News Pro - Brazilian miner Vale SA, the world’s top nickel producer, will write down its New Caledonia mine and incur a non-cash impairment charge of about $1.6 billion in the fourth quarter, the company said on Tuesday in a securities filing.
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Visit: 724
Caledonia Mining to expand gold exposure in Zimbabwe
Mining News Pro - Gold miner Caledonia Mining is seeking ways to deepen its investment in Zimbabwe even though a currency crisis has dented its earnings and bureaucracy has slowed the company`s purchase of an increased stake.
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Visit: 979